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Senzime AB (SEZI) Fair Value & Analysis

Healthcare · SE · Market cap 657M SEK

SA Senzime AB SEZI · ST
Pricekr 4.00
Fair Valuekr 0.3400
Upside-91.5%
Quality35/100
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Mixed Growth
Loss-making · -120.7% net margin
Low debt · negative free cash flow
Trails peers (3/10)
Narrow moat 5/100
Evidence: Low Range kr 0.2210 – kr 0.4250 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated today

Share price −3.3% over the past month.

Below-average quality, and screening another 91% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 0.4250). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (kr 0.2210 to kr 0.4250) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 25.35 kr 2.94 Fair Value kr 0.3400 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range kr 2.94 – kr 25.35 · fair‑value band kr 0.2210 – kr 0.4250 · the kr 4.00 price screens above the kr 0.3400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Senzime AB (SEZI) currently trades at kr 4.00, while our model-based Fair Value estimate is kr 0.3400, implying the stock looks roughly 91.5% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 104M SEK. Revenue declined 1.1% year over year. It earns a return on equity of -42.5%. The balance sheet holds a net cash position of 60.0M SEK. Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 0.2210 (bear case) to kr 0.4250 (bull case); at kr 4.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 46% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -33% fair-value upside, at -91%, SEZI screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) kr 0.9700 kr 1.30 kr 1.94 50
All 1 models by family
Asset-Based
NCAV (Graham) kr 0.9700 kr 1.30 kr 1.94 50

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Key figures & financial health

Revenue (TTM) 104M SEK
Revenue growth (YoY) -1.1%
Net margin -121%
Return on equity -42.5%
Free cash flow −112M SEK FY2025
Operating margin -111%
More key figures
EPS (TTM) kr -0.8000
Net cash 60.0M SEK FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 38 · Market factors (momentum, volatility) 27

Profitability 5
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Senzime AB (publ), a medical device company, develops, manufactures, and markets algorithm-powered patient monitoring systems to increase patient safety during and after surgery in Europe and the United States.

Full company description

Senzime AB (publ), a medical device company, develops, manufactures, and markets algorithm-powered patient monitoring systems to increase patient safety during and after surgery in Europe and the United States. The company offers TetraGraph, quantitative train of-four (TOF) monitoring refined by real-world patient data; and ExSpiron, a non-invasive monitoring system that uses bioelectrical impedance sensor to measure the tissue's opposition to carrying an alternating electrical current. It also provides additional products, including CliniSenz Analyzer and OnZurf Probe. The company has a strategic connectivity and licensing agreement with Masimo that grants Senzime the rights to use some of Masimo's intellectual property; license agreement with Fukuda Denshi Co. Ltd. to license TetraGraph technology; and license agreement with CoreSpiron (Henan) Co Ltd. to manufacture and sell ExSpiron system. Senzime AB (publ) was incorporated in 1999 and is headquartered in Uppsala, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Senzime AB reported revenue of kr 104M in FY2025 versus kr 11.0M in FY2021, a compound +75.4%/yr. Reported net income was −kr 137M in FY2025.

Growth Quality 36/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
104M SEK
Latest YoY
+77.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+95.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+62.0%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+21.2%
Revenue +75.4%/yr
FY21 kr 11.0M
FY22 kr 14.0M
FY23 kr 35.8M
FY24 kr 58.5M
FY25 kr 104M
Net income
FY21 −kr 82.1M
FY22 −kr 133M
FY23 −kr 134M
FY24 −kr 119M
FY25 −kr 137M

SEZI screens 91% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "Senzime AB Fair Value". https://www.fairvalue-calculator.com/stock/SEZI

Peer Group

Medical Devices · 349 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 38 · Bottom 25%
Fair Value upside −92% · Bottom 25%
Return on assets -20% · Bottom 25%
Net margin (TTM) -121% · Bottom 25%
Operating margin (TTM) -111% · Bottom 25%
Revenue growth -1% · Below median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/B 0.23× · Cheaper than 75% of peers
P/S (TTM) 0.66× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 31
PAST 0 · sector 8
HEALTH 100 · sector 97
DIVIDEND 0 · sector 39

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Devices stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $110.91 $74.79 -33%
Stryker Corporation SYK $347.21 $186.28 -46%
Medtronic plc MDT $90.76 $65.57 -28%
Boston Scientific Corporation BSX $51.42 $38.44 -25%
Edwards Lifesciences Corporation EW $93.05 $41.02 -56%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥153.60 ¥147.63 -4%
Shanghai United Imaging Healthcare Co 688271 ¥110.50 ¥43.60 -61%
Demant A/S DEMANT kr 289.60 kr 161.17 -44%
Getinge AB GETIB kr 239.30 kr 192.14 -20%
Sectra AB SECTB kr 280.00 kr 66.81 -76%

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Frequently asked questions

Is Senzime AB (SEZI) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 0.3400 versus a price of kr 4.00, about −91% (overvalued).
What is the fair value of SEZI?
Our model-based fair value for Senzime AB is kr 0.3400 (as of Aug 13, 2026), built from audited fundamentals. The current price is kr 4.00.
What is the quality score of SEZI?
Senzime AB has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Senzime AB (SEZI)?
Senzime AB reported trailing-twelve-month revenue of about 104M SEK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SEZI?
The net profit margin of Senzime AB is about -120.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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